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schepotkina [342]
3 years ago
10

Jake received a student loan for $12,000. He plans on paying off the loan in 5 years. At the end of 5 years, Jake will have paid

$3,600 in interest. What is the simple interest rate on the student loan?
Mathematics
1 answer:
aliina [53]3 years ago
6 0
7th ggdvb geeks Russell scours
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